Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2009
Government settlement over fraudulent mortgage practices
Beazer agreed to a $50 million settlement with government agencies and admitted practices involving mortgage points, purported down-payment assistance, HUD watch-list procedures, and borrower-income evaluation.
2007
Mortgage-origination investigation and document-destruction allegations
A federal grand jury sought records concerning mortgage-loan origination services, and the SEC investigated after Chief Accounting Officer Michael T. Rand was dismissed for attempting to destroy related documents. Rand was later convicted of conspiracy and obstruction of justice.
2007
HUD title-insurance referral settlement
Beazer paid $261,000 as part of a broader settlement concerning allegations that title-insurance companies paid kickbacks to homebuilders for referrals. The builders denied wrongdoing.